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TechXpress acquired for $1.6M

By   /  Monday, September 22nd, 2014  /  Central Coast, Latest news, Technology, Top Stories, Tri-County Public Companies  /  Comments Off on TechXpress acquired for $1.6M

San Luis Obispo-based TechXpress is being split up and sold for $1.6 million in cash and stock.

Latest

Sientra to go public, raise up to $86.2M

By   /  Friday, September 19th, 2014  /  South Coast, Technology, Top Stories  /  Comments Off on Sientra to go public, raise up to $86.2M

Santa Barbara-based breast implant maker Sientra filed papers Sept. 19 to raise up to $86.2 million in an initial public stock offering.

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Adornetto named TMP entrepreneurship director at UCSB

By   /  Friday, September 19th, 2014  /  South Coast, Technology, Tri-County Economy  /  Comments Off on Adornetto named TMP entrepreneurship director at UCSB

Longtime South Coast technology executive Dave Adornetto has been picked to lead UC Santa Barbara’s successful startup contest. The entrepreneurship program is the largest collegiate business-pitch contest in the region and is part of UCSB’s Technology Management Program. The flagship event of the entrepreneurship program, the annual New Venture Competition, is a major on-campus happening. Read More →

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Henley named vice chair at Oracle

By   /  Friday, September 19th, 2014  /  Technology, Top Stories, Tri-County Economy  /  Comments Off on Henley named vice chair at Oracle

  Santa Barbara resident Jeff Henley will become vice chairman of the board of software giant Oracle Corp. as longtime CEO Larry Ellison steps down and become chairman. Oracle announced Thursday that billionaire founder Ellison will be replaced by Mark Hurd and Safra Catz who will both have the CEO title. Ellison will formally be Read More →

Latest

Ad tracking strategy pays off in $2.3B Conversant deal

By   /  Friday, September 19th, 2014  /  East Ventura County, South Coast, Technology, Top Stories, Tri-County Economy  /  Comments Off on Ad tracking strategy pays off in $2.3B Conversant deal

  It took him two years, but John Giuliani is the man who finally made Conversant ready for a sale. And even though his stake in the Westlake Village-based advertising technology firm’s $2.3 billion cash-and-stock merger with Alliance Data Systems announced Sept. 11 will be worth about $96 million, Giuliani has no plans to cash Read More →

Latest

HP jumps into the cloud with Eucalyptus buy

By   /  Friday, September 19th, 2014  /  South Coast, Technology, Top Stories, Tri-County Economy  /  Comments Off on HP jumps into the cloud with Eucalyptus buy

While it’s unclear whether the rise and sale of Goleta-based Eucalyptus Systems to tech giant Hewlett-Packard Co. was a major financial success for its investors, one thing is certain: The South Coast is now on the map as having proved the viability of open-source hybrid cloud computing and will have contributed an important component to HP’s cloud strategy going forward.

Latest

Haas Automation plots expansion in California after deal with state

By   /  Friday, September 19th, 2014  /  East Ventura County, Real Estate, Technology, Top Stories, Tri-County Economy, West Ventura County  /  Comments Off on Haas Automation plots expansion in California after deal with state

Oxnard-based Haas Automation has struck a deal with state tax officials that could secure another machine-tool factory and thousands of high-end manufacturing jobs for Ventura County, according to people familiar with the company’s expansion plans.